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Archive for the ‘business tax’ Category

Be Savvy with Your Business Taxes



business taxes

Business taxes

Guest post by Backtaxeshelp.com

The tax rules for small businesses are based on your net business profits. This means you can deduct the costs of doing business from your gross income amount and are only taxed on the amount that is left. If you know how to maximize your business deductions, you can lower the taxable profit and keep more money in your pocket at tax time.… Click here to continue »

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Small Business Owners: How is Your Tax Knowledge?



online tax course

Tax updates

Small business owners: Regardless of your educational background, you need to take courses on taxes – or at least, take self study courses.

You might think you don’t need to learn about taxes, arguing, “Oh, I partner with a CPA to settle those things for me…” “Um, I know I should learn about business taxes, but I don’t have time for that – I’ve got my… Click here to continue »

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Earn Out Provisions | Are You Using all the Tools Available to Close Business Transactions?



buying a business at the best price

Best price

Advantages and Disadvantages of Earn Out Provisions
Mitch Biggs is a Featured Business and Finance Contributor on Associated Content. This is a reprint of a previously published article.

It is important to use all tools available when selling businesses? How comfortable are you with the earn out provision? Earn out provisions have a bad name in certain circles. However, used properly, earn

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Why Raising Taxes Decreases Revenue in the United States



taxes

Taxes

If you know the rules, you can play the game. This concept holds true for the sea of rules imposed by the IRS. A good tax advisor is going to seek out loopholes or effective strategies to keep more money in your pocket. When you feel that you are paying more than your fair share, you find creative ways to reduce your burden. This is precisely why an… Click here to continue »

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10 Ways to Save Money on Small Business Taxes



small business taxAh, business taxes – You hate them but you need them to fund your community to be a better place to live and do business.

With the ever-increasing pressure of taxes on small businesses, owners need to find ways to minimise tax expense, legally.

Here are ten ways for small business owners to save money on business taxes:

  1. Incorporate your business

    Sole proprietorship and partnership are two

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